ICE warns Platts of hasty Brent oil market reform

  • 📰 Reuters
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 97%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

ICE exchange, home of Brent oil futures trading, has put pressure on pricing agency Platts to postpone its physical Brent market reform, saying the market needs more time to consult and adjust the value of derivatives in line with the changes.

FILE PHOTO: A screen displays the ticker symbol and logo for Intercontinental Exchange Inc. on the floor of the New York Stock Exchange March 1, 2016. REUTERS/Brendan McDermid

More than half the world’s physical crude is priced off the Platts dated Brent benchmark, currently based on the value of five North Sea crude grades - Forties, Brent, Oseberg, Ekofisk and Troll. WTI will be reflected in dated Brent from July 2022 cargo deliveries, Platts said adding that the mechanism will be determined later during consultations with market participants.

Consultations usually take several months and will take place after Platts has held its own consultations with the industry.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 2. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

Twitter warns ICE of need for logo reform. Stat.

Twitter cropping really did a number on this logo

They got ripped off with the logo design

Lice

Lice

대한민국 최근 뉴스, 대한민국 헤드 라인